January 23rd, 2017

Business

Trump-friendly lawmaker: Forget NAFTA, let’s do one-on-one deal with Canada

By Alexander Panetta, The Canadian Press on January 23rd, 2017

WASHINGTON – A well-connected U.S. congressman is calling for the United States to work out a one-on-one trade arrangement with Canada instead of updating the three-party North American Free Trade Agreement. Chris Collins is a trade-skeptical Republican from New York state who happened to be congressional liaison between lawmakers and Donald Trump’s presidential transition team. ... Read More »

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Trump moves to pull US out of big Asia trade deal

By Julie Pace, The Associated Press on January 23rd, 2017

WASHINGTON – Charting a new American course abroad, President Donald Trump withdrew the United States from the sweeping Trans-Pacific Partnership on Monday, using one of his first actions in office to reject a centerpiece of Barack Obama’s attempts to counter China and deepen U.S. ties in Asia. For Trump, the move was a fulfilment of ... Read More »

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Federal Court of Appeal dismisses First Nations’ challenge of B.C.’s Site C dam

By The Canadian Press on January 23rd, 2017

VANCOUVER – The Federal Court of Appeal has dismissed a legal challenge filed by two First Nations of the $8.8-billion Site C dam project in northeast British Columbia. The Prophet River First Nation and the West Moberly First Nations appealed a Federal Court judge’s decision to deny their application for a judicial review of the ... Read More »

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Business Highlights

By The Associated Press on January 23rd, 2017

___ Trump will find it hard to make American economy greater WASHINGTON (AP) – President Donald Trump’s economic plans are nothing if not ambitious: Annual growth of 4 per cent – or more. A diminished trade gap. The creation of 25 million jobs over 10 years, including the return of good-paying factory positions. It all ... Read More »

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The Latest: Trump meets with congressional leaders

By The Associated Press on January 23rd, 2017

WASHINGTON – The Latest on President Donald Trump (all times local): 5:50 p.m. President Donald Trump is meeting with congressional leaders in the White House as he starts his first week as president. Trump was joined by Republican and Democratic congressional leaders from the House and Senate during a reception in the State Dining Room. ... Read More »

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Five things to know about the Trans-Pacific Partnership, rejected by U.S.

By The Canadian Press on January 23rd, 2017

OTTAWA – A quick look at the Trans-Pacific Partnership, the deal that President Donald Trump said Monday the United States would not be pursuing: – Twelve Pacific Rim countries, including Canada, signed on to the TPP, but the deal faced heavy criticism from all sides, ensuring its road to final ratification would be rocky to ... Read More »

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Mojito with your manicure? B.C. now lets businesses apply for liquor licences

By The Canadian Press on January 23rd, 2017

VANCOUVER – From book stores to barber shops, businesses across British Columbia can now ask the provincial government for permission to serve liquor. Under new legislation that comes into effect today, any business can now apply for a liquor licence, unless it caters primarily to minors and or is based inside a motor vehicle. Those ... Read More »

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North American stock markets decline as Trump signals intent to pull from TPP

By Lind Nguyen, The Canadian Press on January 23rd, 2017

TORONTO – The optimism that lifted investor spirits in the weeks after Donald Trump’s presidential victory receded Monday as stock markets pulled back from recent highs. In Toronto, the S&P/TSX composite index fell 67.75 points to 15,480.13, led by declines in energy and grocery stocks. The Canadian dollar gained 0.33 of a U.S. cent at ... Read More »

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Trump makes good on promise to pull U.S. out of Trans-Pacific Partnership

By Mike Blanchfield, The Canadian Press on January 23rd, 2017

OTTAWA – Setting itself apart from a never-say-die Japan, Canada resigned itself to the death of the Trans-Pacific Partnership on Monday after President Donald Trump made good on his promise to pull the United States out of the trade pact. Trump called getting out of the TPP “a great thing for the American workers” as ... Read More »

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Chan Zuckerberg Initiative signs deal to acquire Toronto tech company Meta

By The Canadian Press on January 23rd, 2017

TORONTO – A philanthropic organization set up by Facebook founder Mark Zuckerberg and his wife Priscilla Chan has signed a deal to acquire Toronto tech company Meta. Financial terms of the deal, announced by venture capital firm iGan Partners, an early Meta backer, were not immediately available. Zuckerberg and Chan set up the Chan Zuckerberg ... Read More »

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